Management Communication Memo: Advantages of Virtual Workgroups

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Added on  2023/04/22

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This report, focused on MNG81001 Management Communication, examines the advantages of virtual workgroups. The report highlights the benefits of virtual teams, including cost savings, access to global talent, and operational flexibility. It emphasizes how virtual workgroups can leverage technological advancements in cities like Shanghai, Los Angeles, and Bangalore. The report references relevant literature, such as Benefield, Shen, and Leavitt (2016), and discusses the potential for reduced real estate costs and increased efficiency. The memo also highlights the importance of virtual teams in today's globalized business environment. The report provides a comprehensive overview of the benefits and implications of implementing virtual workgroups within an organization, offering a detailed analysis of their advantages.
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Management
Communication
Memo: for XYZ Company
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Advantages of formation of Virtual
Workgroups
Shanghai, Los Angeles, Bangalore as well
as Melbourne are important it hubs where
technological advancement is enough for
supporting all facilities that is required for
the working of virtual work groups
(Benefield, Shen and Leavitt 2016)
The most visible advantage that they would
enjoy is huge amount of cost savings.
Alongside saving the real estate costs, gas,
water and electricity along with their
travelling cost of Executive and also of the
employees on some instances
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Continued…
virtual groups can operate from the supreme locations as deemed
important by the organisation
explore the benefits suitable to the industry that is available in various
locations around important cities on this earth.
leveraging of global talent through formation of virtual work groups.
By formation of virtual teams the organisation do not need to
accumulate the employees in a distinct location and this leaves the
opportunity for them to look for talented employees event beyond the
country or the distinct location where the operating.
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Reference List
Benefield, G.A., Shen, C. and Leavitt, A., 2016, February. Virtual team
networks: How group social capital affects team success in a massively
multiplayer online game. In Proceedings of the 19th ACM Conference on
Computer-Supported Cooperative Work & Social Computing (pp. 679-690).
ACM.
de Pillis, E., Furumo, K., Ray, J., Furumo, H. and Higa, K., 2015. Deadbeats
in virtual teams: How gender, conscientiousness, and
individualism/collectivism impact performance. International Journal of
Business and Information, 10(3).
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